QUANTUM DECRYPTION OF RSA IS MUCH CLOSER THAN EXPECTED

Summary from the TLDR newsletter

The Jesse-Victor-Gharabaghi (JVG) quantum decryption algorithm completely upends existing time projections for quantum decryption. It requires a thousand-fold less quantum computer resources to break the encryption methods used in RSA and ECC than Shor's approach. Shor's algorithm requires an estimated one million qubits, but JVG requires less than 5,000. Researchers previously believed we were a decade away from quantum decryption, but that timeline has now moved up significantly.